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commercial property, architecture & design auction action Forward thinkers Up to the challenge: Laura Lee and Ken Maher (inset). SALISBURY SOUTH Unit 3, 1568 Main North Road This property was sold at auction on March 19 for $401,000. The air-conditioned Strata unit of approximately 155 sqm has a versatile floor plan and could be divided into two tenancies. One in a group of three units, the unit is located along a main road with ample off-street parking. The property was sold with vacant possession. new on the market Information provided by Herron Todd White (SA), independent property advisors GLENELG 12 Sussex Street This commercial property is located in the centre of Glenelg close to Jetty Road. It has eight rooms able to be used for residential or office purposes. It has plenty of off-street parking with rear access from Soal Street. Other features of the property include character fire places, skylights in three rooms, separate laundry, rear pergola and a paved rear yard suitable for a car park. Sale: Auction Sunday March 29 at 12pm Contact: Patrick O’Flaherty of Ray White Henley Beach on 0407 797 749 Melissa Mack Design affects how we live, the way we live and what we do. Thinker in Residence Laura Lee and architect Ken Maher are looking towards the future of design in Adelaide. Professor Lee and Mr Maher this week discussed design, sustainability and the challenges Adelaide will face. They said key developments such as the tramline extension and the city squares would be important initiatives for the city. “There is one chance to get GOODWOOD The Institute, 166 Goodwood Road “The Institute” is an iconic property and a fully leased investment. It is heritage listed and has a strong lessee, Tabor College Inc which has a lease for 2+2+2 for $88,000 per annum net. It has a fully renovated theatre and rooms and is in excellent condition with growth potential. Area: 948 sqm (approx) Sale: Auction Friday April 17 at 11.30am Contact: Gary Taplin of L.J. Hooker Commercial – Adelaide on 0412 824 575 these projects right and it is really important they get the consideration that they need,” Mr Maher said. “The way we implement projects can have a big impact on the quality of life in that place.” Mr Maher said although Adelaide was a city rich in discussion and debate, it had difficulty in starting major projects. “There is good public debate which contributes to the positive vitality of the city,” Mr Maher said. “Now is the time to start thinking and planning, these things take time and the financial situation hopefully won’t be quite the crisis it is now in a few years.” He said Adelaide could learn from the redevelopments of areas in other capital cities such as the Docklands in Melbourne, Kingston foreshore in Canberra and Green Square in Sydney. This month Mr Maher was awarded the 2009 Australian Institute of Architects’ Gold Medal. In practice Mr Maher has designed award-winning buildings, shaping the Sydney landscape. Some of his high- profile projects include the restoration of Luna Park, the North Sydney Olympic Pool and the Olympic Park Rail Station at Homebush. Recently, he has been involved in major projects around the country including the new ANZ headquarters in the docklands, which will be the largest office complex in Melbourne as well as having a high sustainability rating. Chairman of Hassell, Mr Maher believes strongly in the need for architects to take public positions and become involved in debate for the future of city landscapes and design. “I think we haven’t necessarily got a strong recognition by the public and, perhaps it follows, by many politicians, that good design is really critical,” he said. As chairman for Urban Design Advisory Committee in Sydney, he drove negotiations that led to rules requiring architects to be involved in all new residential buildings over three storeys. “I’m passionate about design and the way I can improve people’s experience day to day,” Mr Maher said. “People’s enjoyment of the city is integral to what architects and designers can contribute.” Mr Maher said Adelaide, like the rest of Australia, faced a challenge with sustainability. “It will affect how we live, how we use energy, how we use water. Our response to climate change will affect how we develop our urban landscapes of the future,” Mr Maher said. “All the design and public places that give people the greatest amenity don’t just happen accidentally, they need to be planned.” He said the current financial crisis is challenging how Australians go about their daily life. “It challenges how we consume things and we do things differently. It might trigger us to be more creative and more inventive in design and how we live in our cities.” Prof Lee is completing her first stage of residency, which focuses on the understanding and practice of sustainable design and construction. “The concept of integrated design is key to a sustainable future and ultimately quality of life,” Prof Lee said. She has been looking at the ways design supports and improves how we live, work and play in South Australia. Prof Lee has been looking at previous work by Thinkers in Residence and looking at ways design can connect and develop their ideas while getting to know the state. Prof Lee is a Professor of Architecture at Carnegie Mellon University in Pittsburgh and has also taught in Denmark, Belgium and Switzerland. SA – leading the country Adelaide was one of only two capital cities to record a growth in property value in 2008. Despite a general fall in property value of 2.9 per cent annually, the RP Data Property Pulse report showed that some areas were experiencing growth. The report showed suburbs within capital cities were the strongest in maintaining growth. Senior research analyst Cameron Kusher said within capital city and regional areas, properties priced under $500,000 dominated the list. “It is surprising to see some of the $1m plus suburbs included on the list however, it’s important to remember that data is calculated on an annual basis and in the earlier part of 2008 some of these areas were still performing very strongly,” Mr Kusher said. The top five capital growth suburbs for houses in South Australia were Teringie, Port Hughes, Kensington, Roseworthy and Owen. Relatively few mining towns made the list with only four making the cut. The perfect roofi ng for those with a creative bent. 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